News
Jubilant FoodWorks’ Chief Executive And Whole Time Director Ajay Kaul Resigns
On Monday this week, Jubilant FoodWorks announced that the chief executive and whole time director of the company, Ajay Kaul has resigned.
The company announced the resignation in a BSE filing and said that Kaul will continue in his current role until March 2017. “Kaul has stepped down to evaluate and pursue opportunities outside the Jubilant Bhartia group,” the statement said.
Meanwhile, Kaul said to the Economic Times “I am figuring out various options which could range from CSR to private equity.”
Kaul has been with Jubilant FoodWorks, which is the India franchise for Domino’s Pizza and Dunkin’ Donuts. Jubilant FoodWorks runs 1,062 Domino’s stores and 73 Dunkin’ Donuts outlets.
Stocks Fall
Following the announcement, shares for Jubilant FoodWorks were trading at 7.09 per cent down at Rs.934 on Tuesday morning.
In the June quarter, Jubilant FoodWorks had reported that its net profit fell 31% to Rs.19 crore.
Elevate your Father’s Day celebration with a Sophisticated Highball Night in with your Dad
Elevate your Father’s Day celebration with a Sophisticated Highball Night in with your Dad Father’s Day is a time to...
Sip, Savor, Repeat: Monkey Bar’s Summer Cocktails
Sip, Savor, Repeat: Monkey Bar’s Summer Cocktails Bangalore, May 2024: Get ready to sip your way through summer with Monkey...
Tuk Tuk – The Night Noodle Market at The Fatty Bao
Tuk Tuk The Night Noodle Market at The Fatty Bao Bengaluru, Karnataka – 2nd April, 2024 – Mark your...
Which mangoes are coming in this season? Attributed to – Team Madras Mandi
Which mangoes are coming in this season? Attributed to – Team Madras Mandi India accounts for a staggering 50% of...
Spicing it up! : Foo’s Fiery Edit Menu Is Back
Spicing it up! : Foo’s Fiery Edit Menu Is Back Get ready to turn up the heat with Foo’s much-awaited...